Shares of Oxford Nanopore Technologies plc (LON:ONT - Get Free Report) shot up 10% during trading on Saturday . The stock traded as high as GBX 103.10 ($1.33) and last traded at GBX 102.20 ($1.32). 217,104,266 shares were traded during mid-day trading, an increase of 1,552% from the average session volume of 13,141,608 shares. The stock had previously closed at GBX 92.90 ($1.20).
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. reissued an "overweight" rating on shares of Oxford Nanopore Technologies in a research report on Friday, December 6th. Five research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of GBX 235.50 ($3.05).
Get Our Latest Analysis on ONT
Oxford Nanopore Technologies Trading Up 3.3 %
The company has a current ratio of 4.45, a quick ratio of 6.01 and a debt-to-equity ratio of 8.07. The stock has a market capitalization of £951.89 million, a P/E ratio of -5.40 and a beta of 0.80. The company has a 50-day moving average price of GBX 128.55 and a 200 day moving average price of GBX 137.37.
Oxford Nanopore Technologies (LON:ONT - Get Free Report) last announced its earnings results on Tuesday, March 4th. The company reported GBX (16) (($0.21)) EPS for the quarter. Oxford Nanopore Technologies had a negative return on equity of 26.02% and a negative net margin of 94.82%.
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